Buying equippments for my barbershop
Martin
Ngoingwa Estate, Kenya
100% repaid
Entrepreneur
Name
Martin
Member since
December 2015
On-time repayments
176 installments • 77%
About Me
My name isMartin Avery humble and a God fearing man,born and grown up in a small village in the hilly side of central Kenya,am married and am blessed to be a father of two beautiful daughters.Icome from a very humble back ground but my parents managed to educate me through primary &secondary school despite many challeges,my family could not afford to educate mi beyond that despite obtaining a good grade in my academics so I started helping my parents with day to day chores which according to my culture was to pluck coffee which is the only relied cash crop in my area village I was the first born so ihad a lot of tasks including assisting our young siblings.After awhile I was exhausted working as casual labourer and ithinked beyond my challenges and decided to try my hand in business but the ideas were many but capital was a headache,I was interested in the beauty industry so I used the small amount I had saved and payed for a course in the beauty industry and was trained for awhile in the evening hours after working for a daily bread.That did not derail my vision to become asuccesful determined
enterpreneur,immediately after my course I used the little I had and borrowed some money from a merry go round group we had formed in our village and started my small barber shop,and that is how I managed to overcome the hardship to achieve an important goal in my life.Am much encouraged by my children's ambitions to study and become professionals in productive fields and then give back to the less fortunate community, my hoby is swimming and ilyke reading motivational books,travelling and making new friends in different cultures.
My Business
My business has improved since ijoined zidisha and am very excited despite few challenges I now manage to make about 1500 ksh this is opproximitly 15us dollars,after deducting expenses am left with 10us dollars,that helps me to raise my kids shoolfees and paying my bills and giving back to the community,the budget for this project is approximately 100,000 thousand kenya shillings (1000 us dollars).with the help of 50 thousands from zidisha lenders iwill add the rest 50 thousand ksh from my savings,hoping Zidisha lenders will help me and achieve my best in the beauty industry,ilook forward to my dreams of starting a beauty college and offer beauty courses for free to those who could not manage to further their studies due to financial problems and I know God will help me achieve my dreams.
Loan Proposal
halloo zidisha leders,am here aplying for my second loan and am hoping you are ready to fund and assist my business growth and this is how am going to uterize the funds,iwill purchase the following equippments for my barbershop,a sterilizer@ 500 us dollars, two shaving machines @ 500 each and asmoother@ 500 dollars the remaining 500 us dollars will help me renew my business permit,that will help my business raise the profit with 40% despite creating an employment for another person my customers will enjoy getting better and quality services ,with that boost i will repay my loan smoothly and on tyme,may almighty God bless you for your continued support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$323.00
Date disbursed
Apr 17, 2016
Repayment status
On Time
Projected term
7 months
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Mary Feb 16, 2018
Martin Mar 2, 2018
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